Bonds/Sukuk

Bonds/Sukuk in Ringgit and foreign currencies are available at Maybank Premier Wealth Centres & Lounge.

Bonds/Sukuk are debt securities whereby when you purchase a bond, you are lending money to the issuer. In return for the money invested, the issuer will pay you a specified rate of interest (a.k.a coupon) and repays the principal amount or par value upon maturity or when the bond is called.

Bonds/Sukuk in Ringgit and foreign currencies are available at Maybank Premier Wealth Centres & Lounge.

Features

Receive periodic coupon payments at a pre-determined rate and period, and the par value upon maturity or when the bond is called by the issuer.

Can be traded (buy or sell) prior to the maturity date, provided a counterparty is found at the best effort basis of the Bank.

Fees & Charges

No upfront service charge

No subscription fee

No redemption fee

Eligibility

Individual customers with total net personal assets exceeding Ringgit Malaysia Three Million (RM3,000,000) or its equivalent in foreign currency, or companies with total net assets exceeding Ringgit Malaysia Ten Million (RM10,000,000) or its equivalent in foreign currency, based on the last audited accounts.

Main Characteristics of Bond

Par Value

:

Also called principal amount. The amount to be paid back to bondholder at maturity.

Coupon

:

The periodic payment made by the issuer to bondholders.

Maturity Date

:

The date of which a bond matures / expires.

Call Date

:

The date of which the issuer has the right to redeem the bond prior to maturity.

For more information please contact your Relationship Manager or visit any of our branches.